Three Arrows Capital Co-Founder Announces New Crypto Venture Open Exchange Amid Bankruptcy Controversy
Following the current courtroom submitting from liquidators for Three Arrows Capital (3AC) claiming frustration with the 3AC co-founders for allegedly failing to answer subpoenas despatched...
Indian Authorities Search Crypto Exchange Coinswitch Kuber — CEO Says It’s Not Related to Money Laundering
India’s Enforcement Directorate (ED) has performed searches at 5 premises linked to well-liked cryptocurrency buying and selling platform Coinswitch Kuber. The firm says its engagement...
Indian Finance Minister Asks Crypto Investors to Exercise Caution as Authorities Investigate Exchanges
India’s finance minister has cautioned traders about cryptocurrency because the nation’s Enforcement Directorate (ED) investigates quite a lot of crypto exchanges and freezes the property...
Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors
Singapore-based Vauld may have some respiratory house after the nation’s High Court gave its guardian firm creditor safety for the following three months. The choice...
Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the Company
On July 8, 2022, the corporate behind the most important stablecoin on the earth, Tether, revealed that the agency liquidated a mortgage made to the...
Report: Blockchain.com CEO Reveals Company Lost $270 Million From 3AC Exposure
According to a report revealed on July 8, the cryptocurrency agency Blockchain.com misplaced $270 million from publicity to the crypto hedge fund Three Arrows Capital...
Cumberland Says Financially Burdened Crypto Firms Are ‘Hanging Over the Market Like a Cloud’
Following the over-the-counter (OTC) agency’s Twitter thread on June 14, Cumberland defined on July 5 that “rangebound worth motion belies a risky image under the...
Crypto Lender Nexo Moves Forward With Plan to Acquire Troubled Rival Vauld
Leading cryptocurrency lender Nexo has provided to purchase distressed competitor Vauld, which halted operations within the face of monetary difficulties. The proposal comes after the...